Comment by lisper
It's much worse than that. The whole US tax system is severely regressive, with labor paying up to 50% incremental rate if your income is low enough, and return on capital paying as little as zero if you have enough of it.
It's much worse than that. The whole US tax system is severely regressive, with labor paying up to 50% incremental rate if your income is low enough, and return on capital paying as little as zero if you have enough of it.